Chartered Institute of Management Accountants (CIMA) is the world’s largest professional body of management accountants. Based in United Kingdom, the Chartered Institute of Management Accountants has seen huge growth. CIMA qualification has been voted by the employers in United Kingdom as the most preferred professional accountancy qualification.
With the growing demand for management accountancy professionals, CIMA is one of the most sought after courses. CIMA management accounting qualification is accepted globally and offers great career opportunity.
The accounting background would help in taking up this course. It has four levels-operational, management, strategic and test of professional competence in management accounting.
The management accountants are not only expected to work with number however; they can also assume leadership and management roles with ease.
CIMA qualified professionals not only excel in the field of management accounting, they are also great at making decisions concerning the organization. CIMA provides different portfolio of skills.
Remember, CIMA qualification is one of the world’s most prestigious qualifications for strategic and financial management. One you complete this qualification you can show the world your decision making ability and analytical skills. CIMA qualified professionals earn more than the people with average accounting degree. CIMA members hold important positions in an organization. They had excellent salaries, practical experience and a qualification which will always be in great demand.
Simply passing the examinations is not enough to attain a CIMA qualification. One also needs to gain a minimum of three year’s relevant practical experience.
After attaining this qualification you will be expected not only to ensure company’s financial security but also drive the business’s overall management and strategy. Depending upon your experience you can fit into number of roles such as –budgeting, managing assets, managing taxes, aiding in strategic planning.
Remember, management accountants play an important role in the success of an organization. It’s a huge responsibility as the company’s success or failure would depend upon the quality of decision making by the management accountants. Also, the job of management accountants is not time bound. Your work life balance can go for a toss as you will have to make some tough and intelligent business decisions.
Before, you decide to enter this field of management accountancy assess your strengths and weaknesses and see what you are best at!